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0450-21-O-N-11-1d
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TOPIC QUESTION - PAPER 1
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January 13, 2025 at 5:16:38 PM
Oct/Nov 2021
Version 1
1.0 Understanding Business Activity
1.1 Business Activity
YOUR ANSWER
Jerome can increase his product's prices. People would buy his products as the product would be regarded as high quality due to improved packaging and raise in prices. Therefore, increase in added value as well as profit for the year.
Jerome can maintain the product's prices while using cheaper materials. People would still buy his products as the product is at an affordable price.
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